As can be seen from the above figure, the ex factory price of Shandong isooctanol first rose and then fell this month. The quotation first rose from 12066.67 yuan / ton on February 1 to 14533.33 yuan / ton on February 8, up 2466.66 yuan / ton, up 20.44%, and then fell to 12100.00 yuan / ton at the end of the month, down 16.74%. There is an upward trend at the end of the month. On February 27, the isooctanol commodity index was 90.44, unchanged from yesterday, down 34.23% from the highest point 137.50 in the cycle (2021-08-08), and up 157.30% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now).

From the manufacturer’s quotation, the price of mainstream manufacturers of isooctanol in Shandong rose this month, the manufacturer’s inventory was general, and the downstream demand weakened. The quotation of lihuayi isooctanol at the end of the month was 12400 yuan / ton, an increase of 600 yuan / ton compared with the beginning of the month; Jianlan Chemical Co., Ltd. offered 12300 yuan / ton of isooctanol at the end of the month, an increase of 500 yuan / ton compared with the beginning of the month; Hualu Hengsheng isooctanol offered 12500 yuan / ton at the end of the month, down 100 yuan / ton compared with the beginning of the month.

Insufficient upstream support and weakening downstream demand

From the perspective of upstream and downstream industrial chains, the upstream propylene market has twists and turns this month. The price rose from 7750.80 yuan / ton at the beginning of the month to 8375.50 yuan / ton at the end of the month, an increase of 8.06%, down 2.09% year-on-year compared with the same period last year, and the cost support is good. The downstream DOP price rose first and then fell. The quotation first rose from 11425 yuan / ton on February 1 to 13400.00 yuan / ton on February 8, an increase of 17.29%, and then fell to 11912.50 yuan / ton at the end of the month, a decrease of 11.10%, a year-on-year decrease of 15.81%. The downstream market rose first and then fell, and the downstream customers have general enthusiasm for purchasing isooctanol. On the whole, the upstream and downstream products had a positive impact on the price of isooctanol this month.

The market outlook fell slightly

The domestic isooctanol market may fluctuate slightly in the middle and early days of March. The price of upstream propylene has an upward trend at the end of the month, with general cost support, but the downstream DOP market has fallen all the way recently, the downstream enthusiasm for purchasing isooctanol has weakened, and the product trend has declined under the contradiction between supply and demand. The isooctanol analyst of business society believes that under the influence of supply and demand and raw materials in the short term, the domestic isooctanol market may fluctuate and decline slightly.